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|Contents|||Page|
|---|---|---|---|
|Members ofthe Board|and professional|advisers||
|Trustees Annual Report||||
|Independent<br>examiner's|report to the trustees|||
|Statement offinancial activities||||
|Balance sheet||||
|Notes to the financial<br>statements||||





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||||L C Taussig Charitable<br>Trust|L C Taussig Charitable<br>Trust|
|---|---|---|---|---|
||||Trustees ' report andfinancial statements||
|||||5April 2023|
|Statement offinancial activities|||||
|year ended 5April 2023|||||
||Income|Capital|Total Funds|Total Funds|
||Fund|Fund|2023|2022|
|Note|||||
|Income|||||
|Voluntary<br>income|31,327||31027||
|lnvesnnent<br>income|26,207||26,207|24,042|
|Total income|57,534||57&534|24,042|
|Resources expended|||||
|Charitable<br>activities<br>4/5|(22,000)||(22,000)|(8,000)|
|Governance<br>costs<br>6|(2,100)|(2,234)|(4,334)|(3,042)|
|Total resources expended|(24,100)|(2,234)|(26,334)|(11,042)|
|Net income before other recognised|||||
|gains and losses|33,434|(2,234)|31,200|13,000|
|Other recognised<br>gains and losses|||||
|Gains on investment<br>assets||(62,226)|(62,226)|35,427|
|Transfer between funds|||||
|Net movement<br>in funds|33,434|(64,460)|(31,026)|48,427|
|Reconciliation<br>offunds|||||
|Total funds brought<br>forward|20,452|550,913|571,365|522,938|
|Total funds carried forward|53,886|486,453|540,339|571,365|





||||2023||2022|
|---|---|---|---|---|---|
|||Note||||
|Fixed assets||||||
|Investments||||485,908|524,161|
|Current<br>assets||||||
|Debtors||10|6,250||15,150|
|Cash at bank|||50,281||34,160|
||||56,531||49,310|
|Creditors: Amounts|falling due within one year||(2,100)||(2,106)|
|Net current assets||||54,431|47,204|
|Total assets less current liabilities||||540,339|571,365|
|Net assets||||540,339|571,365|
|Funds||||||
|Capital fund||12||486,453|550,913|
|Income fund||13||53,886|20,452|
|Total funds||||540,339|571,365|





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|2.|Voluntary|income|||||
|---|---|---|---|---|---|---|
|||||Income|Total Funds|Total Funds|
|||||Fund|2023|2022|
||Donations||||||
||Donations|||25&000|25&000||
||Aft aid|||6,327|6,327||
|||||31,327|31327||
|3.|Investment|income|||||
|||||Income|Total Funds|Total Funds|
|||||Fund|2023|2022|
||Income from UK listed investments|||22,083|22,083|20,219|
||Income from non-UK listed investments|||3,972|3,972|3,823|
||Other interest receivable|||152|152||
|||||26,207|26,207|24,042|
|4.|Costs ofcharitable||activities by fund type||||
|||||Income|Total Funds|Total Funds|
|||||Fund|2023|2022|
||Donations|in the year||22,000|22,000|8,000|
|5.|Costs ofcharitable||activities by activity type||||
|||||Grant funding|Total Funds|Total Funds|
|||||activities|2023|2022|
|||||g|||
||Donations|in the year||22&000|22,000|8,000|





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||||Income|Capital|Total|Funds|Total|Funds|
|---|---|---|---|---|---|---|---|---|
||||Fund|Fund||2023||2022|
|Accountancy|fees||2,100|||2,100||2,085|
|Investment|management|fees||2)234||2,234||957|
||||2,100|2,234||4,334||3,042|



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|||||2023|2022|
|---|---|---|---|---|---|
|Market value at 6April|2022|||524,161|465,648|
|Acquisitions<br>at cost||||28,752|23,703|
|Disposals at carrying value||||(4,779)|(617)|
|Net (losses) gains on revaluations||in the year ended 5 April 2023||(62,226)|35,427|
|Market value at 5 April|2023|||485,908|524,161|
|Historical cost at 5 April|2023|||309,603|314,155|
|Analysis ofinvestments|at 5April 2023 between funds|||||
|||Income|Capital|Total Funds|Total Funds|
|||Fund|Fund|2023|2022|
|Listed investments||||||
|UK Quoted Shares|||376,204|376,204|420,615|
|Non-UK Quoted Shares|||69,693|69,693|92,288|
||||445,897|4457897|512,903|
|Other investments||||||
|UK Cash held as part ofPortfolio||36,701|3/10|40,011|11,258|
|||36,701|449,207|485,908|524,161|
|Debtors||||||
|||||2023|2022|
|Other debtors||||6,250|15,150|



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||||||||trus|<br>tees' report andfina|ncial statements<br>5April 2tt25|
|---|---|---|---|---|---|---|---|---|---|
|Notes to the financial||statements||||||||
|for|the year ended 5|April||2023||||||
|11.|Creditors: Amounts<br>falling||due within||one year|||||
|||||||||2023|2022|
||Accruals and deferred|income||||||2,100|2,106|
|12.|Capital fund|||||||||
||||Balance at|||Outgoing||Gains|Balance at|
||||6|Apr 2022||resources|Transfers|and losses|5Apr 2023|
||Capital account|||550,913||(2,234)||(62,226)|486,453|
|||||Balance at||Outgoing||Gains|Balance at|
||||6 Apr 2021|||resources|Transfers|and losses|5 Apr 2022|
||Capital account|||516,443||(957)||35,427|550,913|
|13.|Income funds|||||||||
||||Balance at|||Incoming|Outgoing||Balance at|
||||6|Apr 2022||resources|resources|Transfers|5Apr 2023|
||Income General|||||||||
||Funds|||20,452||57,534|(24,100)||53)886|
|||||Balance at||Incoming|Outgoing||Balance at|
||||6Apr 2021|||resources|resources|Trans fers|5 Apr 2022|
||Income General|||||||||
||Funds|||6,495||24,042|(10,085)||20,452|
|14.|Analysis ofnet assets|between||funds||||||
||2023|||||||Net current||
||||||||Investments|assets|Total|
||Capital Fund||||||485,908|545|486,453|
||Income Fund|||||||53,886|53,886|
||Total Funds||||||485,908|54,431|540,339|
||2022|||||||Net current||
||||||||Investments|assets|Total|
||Capital Fund||||||524,161|26,752|550,913|
||Income Fund|||||||20,452|20,452|
||Total Funds||||||524,161|47,204|571,365|